Unemployment rate down to 5.9pc. The number of people of working age reached 8.979m in 2016


The employment rate for people of working age increased in 2016 by 0.2 percentage points against the previous year, to 61.6% and the number of people of working age stood at 8.979 million, according to the National Statistics Institute (INS) on Tuesday.

In this context, of the nearly 9 million people active on the labour market, about 8.5 million were employed and 530,000 were unemployed.

Overall, the unemployment rate was of 5.9%, down against 2015, when it recorded a percentage of 6.8%. The highest unemployment rate (20.6%) was recorded among young people aged between 15 and 24 years. The unemployment rate was only 3.1% for people with higher education.

By residence, the average occupancy rate was higher in urban areas (62.6% versus 60.2% in rural areas).

By gender, the gap between the two unemployment rates was of 1.6 percentage points (6.6% for men and 5% for women) and by residence of 0.7 percentage points (6.3% in rural areas as compared to 5.6% in urban areas).

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